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2638 Nautilus Ave NW, Salem, OR 97304

3 beds • 3 baths • 2485 sqft

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This property looks like a bad Airbnb investment with a projected -15.99% first-year return on $128k initial cash invested.

-15.99%

Cash On Cash

2.33%

Cap Rate

0.39

DSCR

$3,200

Rent

-$1,711

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,200 income − $4,911 expenses = $1,711 out of pocket

Income$3,200Out of Pocket$1,711Mortgage P&I$2,60481%Property Taxes$51416%Insurance$1866%HOA$712%Management$48015%CapEx$1284%Maintenance$1284%Other$80025%

Investment Breakdown

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Purchase Price

$526k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,258

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,200

Total Expenses

$4,911

Mortgage P&I

81%

$2,604

Property Taxes

16%

$514

Home Insurance

6%

$186

HOA

2%

$71

Property Management

15%

$480

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$800

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